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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,394 | $29,733-78.5% | $56,025-88.6% | $80,959-92.1% |
| Participation rate | 14.1% | 41.7%-27.6pp | 52.5%-38.4pp | 67.7%-53.6pp |
| Annual return | 13.43% | 35.28%-21.9pp | 1712.69%-1699.3pp | 35.67%-22.2pp |
| Employer contribution / active EE | $0 | $672-100.0% | $1,042-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $225 | $1,229-81.7% | $1,955-88.5% | $4,300-94.8% |
| Admin fee / account holder | $1 | $2,434-100.0% | $2,828-100.0% | $6,925-100.0% |